The Employees’ Provident Fund Organisation (EPFO) may find it impossible to resist attempts by subscribers to inflate their pension entitlements to levels far beyond its capacity to provide these, raising the spectre of bankruptcy and a grave risk to the monies deposited by millions of workers in the assorted schemes administered by the body.

Some senior government functionaries including the human resource development minister Prakash Javadekar have said the accelerated pace at which the EPF subscriber base has expanded this year reflected a pick-up in job creation.

BMS has been demanding a complete withdrawal of the IR Code, considered to be the mother of all labour reforms that the present dispensation had embarked on immediately after assuming office by amalgamating 44 central extant labour laws into four codes with the aim of ensuring the “ease of doing business”.

Even as only nine non-coal blocks have successfully been auctioned, the mines ministry hopes mineral-rich states will put at least 45 additional blocks under the hammer in the remaining period of the current fiscal.

Lacunae in the auction system for non-coal mines came to the fore at a recent meeting of the stakeholders who form part of the 29-member committee set up to review the decade-old National Mineral Policy (NMP), 2008, by the mines ministry at the direction of the Supreme Court.

The pace of building highways accelerated to 20.80 km a day in the April-August period of 2017-18 from 7.36 km a day in the same period last fiscal, but fell short of 22.3 km per day achieved in 2016-17.

Public sector lender Central Bank of India (CBI) has filed an insolvency petition in the National Company Law Tribunal (NCLT) against solar panel manufacturer Moser Baer Solar (MBSL) under Section 7 of the Insolvency and Bankruptcy Code.

Dubbing the road transport and highways ministry’s target to award 25,000-km highways for the current fiscal ‘hypothetical’, a parliamentary standing committee has suggested the Nitin Gadkari-led ministry to set goals that can be achieved within the stipulated time-frame.

To accelerate job creation in the formal sector, the government may enhance its contribution to the Employees’ Provident Fund (EPF) for new employees under the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) by additional 1% of their basic pay.

The National Highways Authority of India (NHAI) is confident of exceeding the targets set by the ministry of road transport and highways (MoRTH) for the current fiscal despite its failure to meet targets for construction and awards of highways during the first quarter of FY18.

Under the Samsung Carnival on Amazon India, there is a flurry of products that have a hefty amount of discounts. From smartphones to Televisions to large appliances such as air conditioners, refrigerators and washing machines, with Samsung Carnival sale, Amazon India is giving away a lot of electronic items with unbelievable offers.

The all-new 2018 Maruti WagonR has been snapped completely disguised, revealing its design language. The car is expected to be launched in India in the coming weeks and it will demand a considerable premium over the price of the current generation model.